While Portland tries to provide a bunch of resources for our founders, it’s also nice to see other programs recognizing the value of the startups that are growing here. That’s why I was psyched to see that Portland startup Reimbi will be part of the 2019 TinySeed batch.
There has been a recent spate of acquisitions here in Portland. Some Portland companies acquiring. Some Portland companies getting acquired. This is one of the latter. With recent Portland transplant Twistlock getting acquired for $410 million.
As much as I love local coverage of the Portland startup community, it’s the national and international coverage that really tends to move the needle for companies around here. That’s why I was psyched to see recent mentions of Ride Report and Open Sesame in Forbes. And even more excited to see this CNN piece featuring Portland startup in-it.
Working on a Blockchain startup? Curious as to how the Oregon Enterprise Blockchain Venture Studio is going to work? Wondering if your company is a good fit? Well, you can get all of those questions and more answered this week. Because R/GA is hosting an information session on the Oregon Enterprise Blockchain Venture Studio.
I caught this news yesterday and I was like, “Yup. Typical Panic.” Typical Panic in the fact that the revered and award winning software developer had done something interesting again. Something quirky and slightly weird. Something that no one knew they needed. And the market was responding. Extremely positively.
Stick with me here. Long story short, this is a good Portland story. So there’s that. But it may get a little twisty and turny. Let’s see… where shall we begin…?
Portland startup Streem, itself the second chapter for a founder who went through an acquisition with his company ONtheGO Platforms, today announced that they are acquiring Selerio, a London startup focused on the AR space.
While the term unicorn has lost a bit of its luster as of late, it’s still an impressive milestone for any company to achieve a $1 billion valuation, but especially for a northwest company to do so. That’s why it was interesting to see Portland Seed Fund portfolio company Auth0 announce its Series E raise, which officially gives it the unicorn moniker.
There are any number of amazing Portland startups. (Clearly. That’s why I’ve been writing about them on this blog for nearly a dozen years.) But every once in a while, a startup comes along that becomes the center of gravity — the proverbial Cinderella story — for a generation of startups around here. Cloudability was very much one of those startups. And today, the denouement of that startup story begins, in the best of ways, with an exit. Cloudability has announced an agreement to be acquired by Apptio.